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Travesía Al Exito Empresarial en Plaza

Michelle Kantrow-Vázquez September 14, 2014
From left: Economic Development and Commerce Secretary Alberto Bacó, Jaime Fonalledas, Manuel Catedral, Francisco Chévere and EDB President Joey Cancel discuss details of the competition.

Competencia empresarismo promovido por Plaza Las Américas y MasteCard “Travesía Al Éxito Empresarial” Con el propósito de contribuir a promover la actividad económica del país a través del empresarismo, Plaza Las Américas se una a MasterCard, el Banco de Desarrollo Económico para Puerto Rico y la Compañía de Comercio y Exprotación para lanzar “Travesía Al Éxito Empresarial”, una competencia de desarrollo empresarial.

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QUOTE OF THE WEEK

Sponsored by RSM

“This project not only represents a significant investment in our island’s tourism infrastructure, but also symbolizes Puerto Rico’s ability to attract and execute large-scale projects.

The Investment Portfolio Program, with a budget of $800 million, plays a crucial role in offering loans with favorable terms for the development of projects that have the potential to transform the Puerto Rican economy.”

 

— Puerto Rico Housing Secretary William Rodríguez regarding the construction of a $77 million dual-branded hotel project in San Juan’s Convention Center District, featuring Hilton’s Hampton and Homewood Suites.
The project by PRISA Group includes a 400-vehicle parking structure and a 175,000-square-foot hotel tower, financed by Banco Popular and a $10 million federal disaster recovery loan from the Economic Development Investment Portfolio Program managed by the Department of Housing.

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